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Entrepreneurs on Fire

INCOME REPORT February 2020

Entrepreneurs on Fire

John Lee Dumas

Business, Careers, Entrepreneurship

4.84.1K Ratings

🗓️ 17 March 2020

⏱️ 31 minutes

🧾️ Download transcript

Summary

Feb 2020 Income At-A-Glance

Gross Income for Feb: $147,335

Total Expenses for Feb: $26,475

Total Net Profit for Feb: $120,860

Difference b/t Feb & Jan: +$7,191

% of net profit to overall gross revenue: 82%

Details at https://www.EOFire.com/income78

Transcript

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0:00.0

What is shaken fire nation JLD here with the income report for February

0:09.5

2020 and let's just get right into the income at a glance. Our gross income for

0:17.1

the month of February was $147,335. Our total expenses were a crisp $26,475

0:28.5

dollars for a net profit of $120,860 for our percentage of net profit to

0:35.7

overall gross revenue at 82%. I love seeing these numbers in the 80s. We had that

0:42.9

one month that one month in the low 90s 91%. I don't know if we'll see that

0:48.0

again. That was just unbelievable and anomaly most likely. But I'll tell you keep

0:53.2

this in the 80s and we are doing just swell. So we have a lot of things to talk

0:58.6

about today. Fire Nation, we'll be talking about what went down in February.

1:02.6

Specifically, we did a five day paid challenge and we had 912 people pay real

1:09.5

money to join myself, Kate, Jill and Josh on a five day think like an expert

1:15.2

challenge. We're going to be talking in detail about that. We're going to be

1:19.1

talking in detail about the knowledge broker blueprint launch. That is the

1:23.9

Tony Robbins and Dean Grassioc launch and we have a lot to talk about what

1:29.9

it comes to that as well. And we have of course, Mr. Josh,

1:35.7

power Lee, he is on the mic to talk about taxes. We haven't come on every single

1:41.5

month to help you as an entrepreneur improve your tax situation. And this month

1:48.0

he's going to be talking about how can I not screw up my own taxes and guess what?

1:53.5

It's a great question. You do not want to screw your taxes up because getting

1:57.7

entangled with the IRS is never a fun process. So Josh is going to help you avoid

2:04.0

just that. So go ahead, Josh. Take it away, brother.

2:07.9

So John, sometimes as a CPA or as a tax professional, you can get caught up and

...

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